Asia Session |
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Is there a light at the end of the tunnel? Speculation that Lehman Brothers could be close to a deal to save the company propelled US equity markets higher helping to boost the JPY carry trade while the USD was lower against the EUR and GBP at the end of the NY session. However, in Asia we have seen mostly back and forth action as uncertainty of the outcome remains. On the economic front, Kiwi retail
Filed under: Technical
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